AstraZeneca (Pfizer Bid)
Debate between Vince Cable and Stephen PhillipsUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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Vince Cable
I am always happy to meet trade union representatives. I have already made this point briefly, but changes introduced to the takeover panel operations in 2010, when I came into the Government, include additional provision for consultation with the work force. I hope that the parties concerned recognise and act on that.
Stephen Phillips (Sleaford and North Hykeham) (Con)
If this takeover were to go ahead, what steps can and will my right hon. Friend take with his colleagues to ensure that members of AstraZeneca pension funds and their entitlements are properly protected?
Vince Cable
That is a new one and I will reflect on it. It is probably an issue for my colleagues in the Department for Work and Pensions and for the Pension Protection Fund, but I thank my hon. and learned Friend for raising the issue and I will certainly follow it up.
Oral Answers to Questions
Debate between Vince Cable and Stephen Phillips(12 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Vince Cable
We already have one. We are reversing much of the damage done with the decline of manufacturing industry under the Labour Government. I applaud the George Cox study. It follows, and in many ways echoes, the survey of long-termism and short-termism that I did through Professor John Kay.
Stephen Phillips (Sleaford and North Hykeham) (Con)
17. What support his Department is providing to small businesses to compete in global markets.